Tag Archives: Repossession
The Repossession Process
Knowing where you are in the repossession process is key to addressing the issue. Below we give an overview of the repossession process as it normally pans out.Firstly, the account falls in to arrears. The lender may contact you first … Continue reading
Early Stages of Repossession
If you miss or are behind with payments on your motgage or any loan secured on your property then you are said to be “in arrears” or to have “mortgage arrears”. Once you are in arrears you ae in danger … Continue reading
Repossession Proceedings
If you have missed payments but have not yet received a court summons or hearing date see the article Arrears & Early Stages of Repossession – Actions You Can Take. Stage 3 – Repossession Proceedings The timings varies, but after … Continue reading
Repossession Court Hearing
If you haven’t yet gone to court or received a court order you are in an earlier stage of the repossession process. You may find the Early Stages of Repossession (stages 1 and 2) and the Repossession Proceedings (stage 3) artciles useful. Stage … Continue reading
Mortgage Arrears Basics
If have missed any mortgage payments, or paid less than you are supposed to each month, then you are said to be in arrears with your mortgage. In the situation where mortgage arrears exist, the lender will want you to … Continue reading